Facebook banned Crypto & ICOs Ads!!

Hello dear fellows and friend, you could have notified another big red day in the cryptocurrency market cap yesterday, unfortunately, another bad day, but no worries if you are in the crypoto galaxy enough time you should know that's very normal and healthy.

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Background credit Pexels & edited with love using GIMP

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January 30, 2018, Facebook announced on their blog a new ads policy banning all ads promoting cryptocurrencies including bitcoin and ICOs,

Two of our core advertising principles outline our belief that ads should be safe, and that we build for people first. Misleading or deceptive ads have no place on Facebook.

We’ve created a new policy that prohibits ads that promote financial products and services that are frequently associated with misleading or deceptive promotional practices, such as binary options, initial coin offerings, and cryptocurrency. By Rob Leathern, Facebook Product Management Director

Ads that violate the company’s new policy will get banned from Facebook’s core app, and also in other places where Facebook sells ads, including Instagram and its ads network.

Earlier this month, Mark Zuckerberg referred to cryptocurrencies and other technologies that decentralize power as a trend he was studying in 2018, and here we got his first action ;)

I think that this action in itself it's not that bad, we all know number of scams advertised using the crypto wave, what we should learn again, news influence the crypto market don't be that one who pushes the sell button in a bad day ;)

Anyway, Facebook and their adds suck and we can conclude that there is a lot of manipulation in the market, the financial power around the world is trying to stop the revolution, and the blockchain will win, I can't imagine another issue.

So what do you think about what is going on now in backstage and about the Facebook decision?

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